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Bajaj Housing Finance (BOM:544252) LT-Debt-to-Total-Asset : 0.79 (As of Sep. 2024)


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What is Bajaj Housing Finance LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Bajaj Housing Finance's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.79.

Bajaj Housing Finance's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Sep. 2024 (0.79). It may suggest that Bajaj Housing Finance is progressively becoming more dependent on debt to grow their business.

Bajaj Housing Finance LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bajaj Housing Finance's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bajaj Housing Finance LT-Debt-to-Total-Asset Chart

Bajaj Housing Finance Annual Data
Trend Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
0.60 0.64 0.65

Bajaj Housing Finance Quarterly Data
Mar22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - - 0.65 0.68 0.79

Bajaj Housing Finance LT-Debt-to-Total-Asset Calculation

Bajaj Housing Finance's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )/Total Assets (A: Mar. 2024 )
=527496.1/818270.9
=0.64

Bajaj Housing Finance's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=744501.8/937991.7
=0.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bajaj Housing Finance  (BOM:544252) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Bajaj Housing Finance LT-Debt-to-Total-Asset Related Terms

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Bajaj Housing Finance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bajaj Housing Finance Ltd (BOM:544252) » Definitions » LT-Debt-to-Total-Asset
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BAJAJHFL:India
Address
Kalyani Nagar, 5th Floor, B2 Building, Cerebrum IT Park, Kumar City, Pune, MH, IND, 411014
Website
https://www.bajajhousingfinance.in
Bajaj Housing Finance Ltd is a non-deposit-taking Housing Finance Company. The company offers financial solutions tailored to individuals and corporate entities for the purchase and renovation of homes and commercial spaces. The mortgage product suite of the company is comprehensive and comprises home loans, loans against property (LAP), lease rental discounting, and developer financing. The company's emphasis is on individual retail housing loans, complemented by a diversified collection of lease rental discounting and developer loans.

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